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Ministerial Meeting on Mobilizing Climate Finance Includes ECAs

(US State Department, Washington, 11 April 2013) Ministers and senior officials from more than a dozen donor countries met in Washington, D.C. on April 10-11 to discuss ways to meet the challenge of scaling up low-carbon investment in developing countries. The meeting was convened and chaired by the United States. Participants included ministers and senior officials from a broad range of government entities, including ministries of foreign affairs, environment, finance, and development, as well as representatives from development finance institutions and export credit agencies. Countries represented included Australia, Canada, Denmark, the European Union and Presidency, France, Germany, Italy, Japan, New Zealand, Norway, Poland, Switzerland, the United Kingdom, and the United States. From the U.S. communique, it appears little concrete action was agreed upon. A follow-up meeting is apparently scheduled for Denmark in September that will include a section on ECAs and climate finance.